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David Hargreaves

About

A senior journalist and news editor with interest.co.nz, David Hargreaves has covered financial markets and economics both in New Zealand and Britain for longer than he cares to mention.

Member for

12 years 11 months

Latest articles

No changes to the country's monetary policy settings are expected when the Reserve Bank has its first review of the year next week - but everybody will be looking for clues as to what comes next
20th Feb 21, 12:27pm
27
No changes to the country's monetary policy settings are expected when the Reserve Bank has its first review of the year next week - but everybody will be looking for clues as to what comes next
There have been no further Covid cases reported in the community; since Sunday there have been 25,000 tests; the vaccinators get vaccinated on Friday
18th Feb 21, 1:35pm
5
There have been no further Covid cases reported in the community; since Sunday there have been 25,000 tests; the vaccinators get vaccinated on Friday
The country's largest airport see no two-way, quarantine-free, trans-Tasman travel before the end of June
18th Feb 21, 8:58am
12
The country's largest airport see no two-way, quarantine-free, trans-Tasman travel before the end of June
Hotel operator Millennium & Copthorne reflects on 'horrid' year that saw its business 'devastated'
17th Feb 21, 11:55am
5
Hotel operator Millennium & Copthorne reflects on 'horrid' year that saw its business 'devastated'
New Zealand's only oil refining company says it's made 'significant progress' toward converting its Northland refinery into an import terminal
17th Feb 21, 10:09am
19
New Zealand's only oil refining company says it's made 'significant progress' toward converting its Northland refinery into an import terminal
The strong housing market has helped propel Fletcher Building's NZ residential construction business to a 130% rise in profits
17th Feb 21, 9:16am
4
The strong housing market has helped propel Fletcher Building's NZ residential construction business to a 130% rise in profits
David Hargreaves says the RBNZ was always going to remain 'dovish' in its review next week anyway, which is probably okay for now. But the future is a worry
17th Feb 21, 8:11am
22
David Hargreaves says the RBNZ was always going to remain 'dovish' in its review next week anyway, which is probably okay for now. But the future is a worry
In their latest quarterly overview Westpac economists warn that when interest rates do eventually rise 'house prices will fall'; also caution that the Govt may consider limiting deductibility on interest for investors
16th Feb 21, 8:27am
88
In their latest quarterly overview Westpac economists warn that when interest rates do eventually rise 'house prices will fall'; also caution that the Govt may consider limiting deductibility on interest for investors
The Reserve Banks says it is working directly with stakeholders to determine how many people have been impacted by the December data breach 'and will ensure they are well supported'
15th Feb 21, 4:19pm
12
The Reserve Banks says it is working directly with stakeholders to determine how many people have been impacted by the December data breach 'and will ensure they are well supported'
Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
15th Feb 21, 11:53am
15
Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
Statistics New Zealand says seasonally adjusted retail card spending dropped slightly in January; absence of international tourists hitting the hospitality industry
11th Feb 21, 11:34am
4
Statistics New Zealand says seasonally adjusted retail card spending dropped slightly in January; absence of international tourists hitting the hospitality industry
David Hargreaves says anything that Finance Minister Grant Robertson is planning to introduce in order to ease housing market demand pressures needs to help - not hinder - measures already being put in place, particularly by the RBNZ
11th Feb 21, 8:29am
132
David Hargreaves says anything that Finance Minister Grant Robertson is planning to introduce in order to ease housing market demand pressures needs to help - not hinder - measures already being put in place, particularly by the RBNZ
Government outlines timetable for replacing the Resource Management Act in this term of Parliament - with three new pieces of legislation
10th Feb 21, 11:00am
50
Government outlines timetable for replacing the Resource Management Act in this term of Parliament - with three new pieces of legislation
Infratil says its CEO of the past 12 years Marko Bogoievski is leaving the job in April, but he will be staying on as chief executive of Infratil's manager Morrison & Co
10th Feb 21, 9:53am
1
Infratil says its CEO of the past 12 years Marko Bogoievski is leaving the job in April, but he will be staying on as chief executive of Infratil's manager Morrison & Co
Influential RBNZ survey shows inflation is now expected to be approaching 2% in two years' time, while negative interest rates are now no longer anticipated
9th Feb 21, 3:32pm
30
Influential RBNZ survey shows inflation is now expected to be approaching 2% in two years' time, while negative interest rates are now no longer anticipated
Westpac economists say the severe housing shortages that have been dogging New Zealand are now 'rapidly eroding'
9th Feb 21, 10:27am
10
Westpac economists say the severe housing shortages that have been dogging New Zealand are now 'rapidly eroding'
A flurry of unexpectedly strong economic data and a raging hot house market are putting our central bank in a position it could not have envisaged being in a year ago
7th Feb 21, 6:02am
69
A flurry of unexpectedly strong economic data and a raging hot house market are putting our central bank in a position it could not have envisaged being in a year ago
ANZ Business Outlook survey preliminary results for February show business activity is increasing, but a sharp lift in costs is dampening profitabilty
4th Feb 21, 1:23pm
17
ANZ Business Outlook survey preliminary results for February show business activity is increasing, but a sharp lift in costs is dampening profitabilty
The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
3rd Feb 21, 3:24pm
74
The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
Statistics New Zealand says unemployment dropped to 4.9% in the December quarter from 5.3%; economists had universally expected unemployment to rise
3rd Feb 21, 11:02am
94
Statistics New Zealand says unemployment dropped to 4.9% in the December quarter from 5.3%; economists had universally expected unemployment to rise
Fonterra boosts price it expects to pay farmers by 20c per kilogram of milk solids on the back of continued global dairy price increases
3rd Feb 21, 9:07am
8
Fonterra boosts price it expects to pay farmers by 20c per kilogram of milk solids on the back of continued global dairy price increases
Economics research firm Capital Economics says the Wallstreetbets saga of recent days highlights how technology allows asset bubbles to inflate more quickly than in the past
2nd Feb 21, 1:17pm
47
Economics research firm Capital Economics says the Wallstreetbets saga of recent days highlights how technology allows asset bubbles to inflate more quickly than in the past
Economists are picking a December quarter 2020 unemployment rate of around 5.6%, higher than the 5.3% rate in September; unemployment likely to peak later this year
2nd Feb 21, 9:51am
25
Economists are picking a December quarter 2020 unemployment rate of around 5.6%, higher than the 5.3% rate in September; unemployment likely to peak later this year
Kiwibank economists have been tracking our spending - and we are still doing our best to make up for the lack of tourist dollars
29th Jan 21, 5:00am
39
Kiwibank economists have been tracking our spending - and we are still doing our best to make up for the lack of tourist dollars
Trustpower says it is 'testing market interest' in its retail energy business that has over 230,000 customers
28th Jan 21, 12:26pm
4
Trustpower says it is 'testing market interest' in its retail energy business that has over 230,000 customers